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/biz/ - Business & Finance


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52393587 No.52393587 [Reply] [Original]

cont'd
>>>52366138
week two since a new privacy L1 testnet launched.

quick rundown:
>utxo based on-chain private contracts
>63 ring size vs. monero 16
>aleph (aurem) confidential proof of stake (84k tx/s achieved on 16 nodes in 4 continents)
>supports transparent tx
>approval for listing on Bittrex
source: https://twitter.com/FrederikMarkor/status/1532998936188837888
>rumors of top 5 exchanges (kraken, binance incubator)
>presale open for a couple of weeks more

for the uninitiated:
(presale still ongoing)

>website
https://discreet.net/

whitepaper
https://github.com/DiscreetNetwork/TechnicalPaper/blob/master/Discreet.pdf

github
https://github.com/DiscreetNetwork/Discreet

>> No.52393594
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52393594

>>52393587
FAQ:
>telegram
t(dot)me/DiscreetNetwork

>why is the presale on BSC if its a layer-1
the bsc stuff works as a ledger to keep track of whats owed on mainnet once its launched

>when listing on CEX
along with mainnet, Bittrex confirmed, Binance likely.

>team
scandinavian, no stinky jeets

>why is it superior
SCRT is DRM-tier privacy.

>what consensus
confidential proof of stake (anonymized staking) with hotseat comittee

>> No.52393609

I bet you if you posted your wallet and asked for money you would get banned but this thread would remain up.
Someone wanna try it?

>> No.52393620
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52393620

>>52393594
no friendly fire edition, I wish I came up with that earlier, anyways, first for fuck SBF, fuck Caroline the little imp, and fuck feds

>>52393609
ah shit, here we go again

>> No.52393669
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52393669

>>52393609
These threads remain up for the same reason /xmr/, /lunc/, /xsg/ stays up you retard, there's a chain live

>>52393587
Keep the generals coming

>> No.52393787
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52393787

This crab market is so boring. Crash more or up more. Either one works. Hopefully this releases around the next bullrun after the U.S. is done being retarded.

>> No.52394336
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52394336

>>52393587
I KNEW FFT WAS A BAD HOLD WHY DID I APE WHY

>> No.52394364

>>52393587
Pajeet scammers

>> No.52394388

Scam. They siphoned the money through their privacy network so we can't even track what it's going towards

>> No.52394452
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52394452

>>52394364
>>52394388
Pic related. Always the same 2 comments, copy pasted. Sad fud, moniggers. (it's a testnet, there are is no money to be syphoned, its worthless test currency, your fud doesn't even make sense)

>>52393594
CEX listing wen?

>> No.52394716

>>52394452
Probably mid next year when mainnet releases

>> No.52394795

>>52394716
bruh i can’t be waiting that long fr fr no cap

>> No.52394842

Why would privacy coins suddenly become profitable? As much as it sucks to say almost no one cares about privacy fundamentally these days, so it's not like there's going to be mass investments in this from the big boys/whales.

>> No.52394890

>>52394842
And that's why you're early

>> No.52395800

>>52394890
Expected marketcap on launch/CEX?

>> No.52396280

>>52395800
Est. 6m mcap on launch, easily up to 1b depending on how many CEXs they get initially. If Binance, the rest will follow

>> No.52396326

>>52393587
no pow no buy, sorry senpai

>> No.52396432

>>52396326
PoW is the leading cause of cancer for any chain.

>> No.52396690

btw if you put DIST on a centralized exchange you deserve to lose them

>> No.52396928
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52396928

>>52393587
Obligatory: Seraphis will be implemented before mainnet launch (as per their development update posted a few days ago). Their modus operandi is to support various tx types, so Seraphis will be used for bridges/swaps where multi-sig is required, I think they worked with Sarang on the Triptych paper to address the multi-sig issue, because it's active right now, and I looked over "Discreet Core" (their C++ cryptolib) and it's a modified one of the initial PoC that was published.

The reason I'm bullish and decided to bunch a dump of BNB into this is because it's so fucking rare to see a team actually work towards something useful. I think you have a point that 86k tx/s is not gonna mean automatic adoption, but when Discript comes out, with their grants they have talked about, then it's very obviously likely to attract ADA developers that got treated as exit liquidity by IOHK.

If AZERO (which Aurem, their confidential proof of stake protocol) is anything to go off of, fees will be really slow because hotseat comittee + inexpensive hardware to validate blocks = cheap fees while still being manageable for validator node operators.

I'm in, I don't care if it goes nowhere, I'm happy to hear they got the CEX listing, we need more privacy coins regardless, and for once I'm happy in 6 years of browsing /biz/ that there's a coin that's not poopoo. I'm in the testnet group right now, and it's filled with (non-team) developers trying to build shit, so that's a good sign. An earlier thread I read had an API setup that was public-facing and there's talks of independent web/mobile wallets.

Community is good, discussion about a project is good, especially if it can catch the eyeballs of other developers for that ecosystem. Once IOHK goes the way of Enron, that's gonna be... exciting. I will post this every thread out of spite for the anon that wrote it.

>> No.52397623
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52397623

>>52396928
I know you love what you wrote, and its interesting, but why is it 'obligatory', all of this can be gleaned from the website

>> No.52397775
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52397775

>>52396280
I'm pretty bullish.

>> No.52398280
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52398280

>>52393587
>>52393594
>>52393620

drew another dischan, she's so cute. changed up the colors a bit. hope you like it, discreants

t. 10k stackpai

>> No.52398319
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52398319

Reminder this is made by the XCM discord trannies trying to steal your money because they lost 80% of their XCM and god knows what on KDA because of FTX
They are a small group of astroturfing niggers who ruined /biz/ and helped ruin the bullrun by driving away anyone new here and posting bullshit loli nonsense in real coin threads to stop discussion this is all in the achives this is all provable and they have a janitor in their pocket because they actively prune ITT without warning or banning as pictured here, the exact same bot style rhetoric they use in their XCM threads is the same in this one it's how I can tell also not a single thread has been removed from any of the shit they shill.

>> No.52398335

>>52398319
Take your fucking medicine

>janne collusion
yeah that's definitely what's going on, god damn you must be a pain to be around irl

>> No.52398448
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52398448

>>52398280
BASED ARTIST. keep doing more for the community.

>>52398319
>because they actively prune ITT without warning

Hey, Alex Jones nothing is being discussed about 4chan threads in any of the discreet channels like TG or matrix so got any proof? Obviously the devs dont have fucking backhand deals with jannies the reason it stays up is becuse its a real fucking project with a real network and real developers. so post proof or GTFO.

>> No.52398468

>>52398448
>>52398280
>>52396928
>>52394336
>>52393787
>>52393594
ID flipping troon fuck off nobody is buying your scam shame on you mods fucking shame stealing people's money when literally the worlds collapsing you have to honor of a leech, actually less than that leeches have uses you're less than a single celled amoeba

>> No.52398500
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52398500

>>52398468
>ID flipping troon
What the fuck even is ID flipping? Explain

Stay mad. Best decision I've made in a while and I'm on the testnet. Pic related.

>>52398280
This is fucking amazing. GJ, anon.

>> No.52398554
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52398554

>>52393609
>>52398319
>>52398468

Discard opinion. Schizophrenia.

>> No.52398933

>>52398500
Im 800 dist short of incentivised testnet and im mad. Hopefully ICO doesnt close before the 15th

>> No.52400187
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52400187

>>52398280
Guessing this is the finished version of pic related? good job!

DISTchads has the best community